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RayzeBio Announces IPO Of 14.40 Mln Shares To Be Priced Between $16.00 And $18.00/Share

Radiopharmaceutical therapeutics company RayzeBio, Inc. revealed Monday that it will offer 14.40 million shares of its common stock in an initial public offering and expects the IPO price to be between $16.00 and $18.00 per share, according to an amended Form S-1 filing with the U.S. Securities and Exchange Commission.

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Eurozone To Undergo Slower Growth On Subdued Domestic Demand, Tight Policy

The euro area economy is set to log a weaker-than-estimated growth this year and next as rising consumer prices continue to weigh on domestic demand and monetary policy tightening works its way through the economy. In the summer interim forecast, released Monday, the European Commission said the 20-nation currency bloc will grow 0.8 percent in 2023, which was revised down from 1.1 percent projec

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Bird Global Appoints Joseph Prodan To Succeed Michael Washinushi As CFO

Electric transportation company Bird Global, Inc. (BRDS) announced Monday the appointment of Joseph (Joe) Prodan as Chief Financial Officer (CFO), effective August 30, 2023. Prodan succeeds Michael Washinushi, following his recent appointment to Interim CEO.

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Kellogg Board Approves Separation Into Two Independent, Publicly Traded Companies

Kellogg Co. (K) announced Monday that its Board of Directors formally approved the previously announced separation into two independent, publicly traded companies, Kellanova and WK Kellogg Co.

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InflaRx Reports Positive Topline Results From SAD Phase I Study With C5aR Inhibitor INF904

Biotechnology company InflaRx N.V. (IFRX) announced Monday topline results from the single ascending dose (SAD) part of its randomized, double-blind, placebo-controlled Phase I trial of the orally administered, low molecular weight C5aR inhibitor INF904.

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Bay Street Likely To Open Higher

Canadian shares are likely to open on a positive note on Monday, tracking European markets and higher bullion prices.

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Welltower Boosts FY23 NFFO Guidance

Healthcare infrastructure company Welltower Inc. (WELL) on Monday raised its earnings guidance for the full-year 2023.

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Moderna, Immatics Ink Strategic Multi-Platform Collaboration To Develop Oncology Therapeutics

Biopharmaceutical company Moderna, Inc. (MRNA) and Germany-based Immatics N.V. (IMTX) announced Monday a strategic research and development collaboration to pioneer novel and transformative therapies for cancer patients with high unmet medical need.

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Takeda Reports Positive Topline Results Of Phase 2b Study Of TAK-279 For Active Psoriatic Arthritis

Takeda Pharmaceutical Co. Ltd. (TAK, TKPHF.PK) announced Monday positive topline results from its randomized, double-blind, placebo-controlled, multiple-dose Phase 2b trial evaluating TAK-279, an investigational oral allosteric tyrosine kinase 2 (TYK2) inhibitor with next generation selectivity, in people with active psoriatic arthritis.

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Sensex, Nifty Extend Winning Streak As Adani And PSU Stocks Climb

Indian shares extended their winning streak for the seventh day running on Monday, as enthusiasm over the G20 Summit outweighed muted cues from global markets.

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Alibaba Stock Down As Former CEO Daniel Zhang Quits Cloud Unit

Shares of Alibaba Group Holding Ltd. dropped around 3 percent in Hong Kong trading after the Chinese e-commerce major announced the departure of Daniel Zhang, former chief executive officer, as the head of its cloud business. The move comes as the cloud business reportedly is preparing for its IPO. In a statement, the company now said that Eddie Yongming Wu, the newly appointed CEO, will succeed

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Yen Extends Rise On BoJ Governor Ueda Comments

The Japanese yen extended its early gain against other major currencies in the European session on Monday, as traders sentiment boosted after the remarks from the Bank of Japan Governor Kazuo Ueda that the central bank could end its negative interest rate policy.

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